Author: Anthony M. Orbison
The Federal Reserve made a significant decision today by cutting interest rates by 50 basis points, lowering the federal funds rate target range to 4.75%-5%. The move, the first substantial cut in over four years, reflects concerns over the state of the U.S. economy, despite continued reported economic expansion.BREAKING: 🇺🇸 Federal Reserve cuts interest rates by 50 basis points, first cut in over 4 years. pic.twitter.com/xjy0aULKi4— Bitcoin Magazine (@BitcoinMagazine) September 18, 2024 According to the Federal Reserve’s official statement, recent economic activity indicators show good growth, but job gains have slowed, and the unemployment rate has slightly risen. While inflation…
Bill Gates Says If He Started Microsoft Today, He’d Focus On This Industry InsteadMicrosoft co-founder and one of the world’s most prominent tech visionaries, Bill Gates, is turning his attention toward a new type of technology.In an interview with CNBC, Gates said that if he were to launch a startup today, he would leave his software roots behind and focus squarely on artificial intelligence (AI).”Today, somebody could raise billions of dollars for a new AI company [that’s just] a few sketch ideas,” Gates told CNBC, reflecting AI’s fervor. So far this year, startups in the field have attracted more than…
Trading Strategies and Techniques: A Comprehensive Guide Trading in the financial markets involves a deep understanding of various strategies and techniques that can help investors and traders make informed decisions. With the vast array of markets, instruments, and market conditions, it’s essential to have a solid grasp of different trading strategies and techniques to maximize returns and minimize losses. In this article, we’ll delve into the world of trading strategies and techniques, exploring the most popular and effective approaches. 1. Technical Analysis Technical analysis is a widely used trading strategy that focuses on chart patterns, trends, and indicators to predict…
Icon of the Seas isn’t just another “biggest cruise ship in the world from Royal Caribbean. It’s a complete reimagining of what a cruise ship could be.The cruise line started from a blank page. And while the ship does offer some features found on Oasis-class ships — most notably Central Park — even the areas that carryover are different. Royal Caribbean did not just redo the passenger areas. It also put a lot of thought into keeping the crew comfortable. That means many innovations and changes to the Crew Neighborhood.Chris Wong, a Royal Caribbean crew member made a video blog…
Fractal Bitcoin is a recently launched project that bills itself as “the only native scaling solution completely and instantly compatible with Bitcoin. In essence it is a merge mined system portraying itself as a second layer sidechain for Bitcoin, where multiple levels of “sidechains” can be stacked on top of each other. So think of a sidechain of the mainchain, a sidechain of the sidechain, a sidechain of the sidechain of the sidechain, etc. It is not. Shitcoins Are Not Second LayersFirstly, the entire system is built around a new native token, Fractal Bitcoin, that is issued completely independent of…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UK chancellor Rachel Reeves has paved the way for higher government capital spending, fuelling the debate over the future of her borrowing rules, declaring: “Growth is the challenge and investment is the solution.”Reeves told the Labour party conference on Monday that her Budget would herald “an end to the low investment that feeds decline”, with government insiders confirming she wanted to ensure her fiscal rules did not block vital capital spending.The chancellor, speaking in Liverpool, struck a more optimistic note on the…
By Aditya Soni and Yuvraj Malik (Reuters) – A potential deal to buy Intel (NASDAQ:) could accelerate Qualcomm (NASDAQ:)’s diversification but will burden the smartphone chipmaker with a loss-making semiconductor manufacturing unit that it may struggle to turn around or sell, analysts said. A buyout will also face tough antitrust scrutiny globally as it would unite two crucial chip firms in what would be the sector’s biggest ever deal, creating a behemoth with a strong share of the smartphone, personal computer and server markets. Shares of Intel rose 3% before the bell on Monday, after media reports late on Friday…
Trading 101: A Crash Course for New Traders Are you interested in trading the financial markets, but don’t know where to start? Trading can be a thrilling and rewarding experience, but it’s essential to understand the basics before diving in. In this article, we’ll provide a comprehensive crash course on trading 101, covering the fundamental concepts, strategies, and best practices for new traders. What is Trading? Trading involves buying and selling financial instruments, such as stocks, currencies, commodities, and indices, with the goal of making a profit. Trading can be done through various platforms, including online brokers, trading apps, and…
Louisiana State Treasurer, John Fleming, M.D. has announced that the state government will now accept Bitcoin, Bitcoin Lightning Network, and USD Coin, as a valid form of payment for state services. The first cryptocurrency payment was made to the Louisiana Department of Wildlife and Fisheries today.BREAKING: 🇺🇸 Louisiana state government now accepts #Bitcoin as payment. pic.twitter.com/pXO8Lya59x— Bitcoin Magazine (@BitcoinMagazine) September 18, 2024 Dr. Fleming, described this initiative as a crucial step in modernizing government operations, stating, “In today’s digital age, government systems must evolve and embrace new technologies. By introducing cryptocurrency as a payment option, we’re not just innovating; we’re providing our…
Climate change is the defining health challenge of our time. Research suggests there will be an additional 14.5 million deaths from climate change by 2050—that’s approximately one person every minute. This is not an anticipated threat we will face in the future. Its consequences are being felt now and cannot be ignored. This year, extreme heat fuelled by the climate crisis in Saudi Arabia killed more than 1,300 during the Hajj pilgrimage. Severe drought has plunged millions in southern Africa into a hunger crisis. Air pollution, made worse by fossil fuels, endangers 99% of the world’s population. Across the world,…